SP500 standard & poor's 500

@dayouThe ASX seems bullish, i think it's foreign investment...

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    @dayou
    The ASX seems bullish, i think it's foreign investment flowing out of the US and some of it flowing into the ASX. At the end of the day the US economy is on the decline, and it doesn't matter what Trump does, the higher interest rates were designed to slow inflation by cooling the economy, and that is starting to take effect, the smart money knows that, and has been flowing into gold. My advice would be to be patient, have an entry and exit plan, and let what is invertible play out. Timing is difficult, but i personally feel that the US has more downside to come. Never add to a losing position, start adding when the trend changes.
    Last edited by swaggytrader: 29/04/25
 
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